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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (49989)11/8/2012 9:38:21 AM
From: E_K_S  Read Replies (1) of 78734
 
Spectra Energy Partners, LP (SEP)
Spectra Energy Corp.
goo.gl

I sold my SEP for a small profit after holding 14 months. Before that I owned SE which is selling around the current price. I like their distribution area and are set up to grow but at least since I have owned the shares, the stock price(s) have been flat especially in the last six months. I moved the proceeds into LNCO. I also sold my LINE and put that into LNCO.

I think the growth prospects are better for LNCO but they may be a bit more leveraged than SEP. Have you looked at LNCO (they hold a large position in LINE units)and compared them to SE and/or SEP.

Do you see better value in SEP or is it just a case of owning a MLP w/ the least leverage and good FCF? I guess I got frustrated w/ SEP as I had a GTC sell on this one @ $32 but eventually closed the position out @ $29.57 on their xdiv date.

EKS
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